SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Arch Communications

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: rita labella who wrote ()10/22/1999 4:20:00 PM
From: cardcounter  Read Replies (1) of 64
 
what's the rationale for owning this stock?

The paging industry is being rendered obsolete by PCS, etc.

This company will most likely go bankrupt soon and the equity will be worthless. Sorry, too many debtholders are lined up ahead of the equity.

And as far as the liquidation value, too many of these assets are "other assets" whose market value is far below what the books indicate.

Perhaps whatever positive value this stock has is attributable to a "real option" of this company turning around.

If bondholders continue to exchange bonds for stock/warrants in an attempt to have one last chance of getting out at a value close to their par investment value, the dilution will further hurt the stock price.

Again, what's the rationale for owning this stock?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext